DZ MARKETS Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-05-11 22:34

Abstract：DZ MARKETS presents itself as a Chinese broker that provides its customers with different kinds of trading assets. It also claims that it offers up to 1:500 leverage, competitive low spreads on three different account types.

　　General Information

　　DZ MARKETS presents itself as a Chinese broker that provides its customers with different kinds of trading assets. It also claims that it offers up to 1:500 leverage, competitive low spreads on three different account types.

　　Account Types

　　There are three trading accounts offered by DZ MARKETS, which includes basic, standard and premium. Opening a basic account requires the minimum deposit of $200, while the other two accounts require much higher initial capital, $2,000 and $5,000 respectively.

　　Leverage

　　In terms of trading leverage, the maximum level offered by DZ MARKETS is pretty high, up to 1:500, yet too high leverage is not always beneficial for traders, because leverage gains are consistent with losses.

　　Spreads

　　Spreads are significantly affected by what type of accounts you are holding. The minimum spread of the basic account is 1.8 pips, the standard account is 1.6 pips, and the premium account is 1.4 pips.

　　Customer Support

　　DZ MARKETS‘s customer support can be reached through telephone: +4008428871, email: cs@dzg168.net. More other direct contact information like company address are not not available on DZ MARKETS’s website.